Africa ETP News
you are currently viewing::Economic reforms are tempting finance back to Ethiopia and ZambiaAugust 15, 2024--Pockets of the African continent have found ways of giving new confidence to investors and the World Bank and IMF Among the latter, financial markets are most familiar with South Africa, Kenya and Nigeria. In each, reform of the real economy is under way but has hit the constraints of patronage politics. The people don't trust their governments with the higher taxes without which the state remains dependent upon rising indebtedness. Meanwhile, unnoticed by the markets, Ethiopia and Zambia are embracing sustainable reforms, in each case big enough to warrant investor interest. Source: ft.com |
New World Bank Report Highlights Four Pathways to Spur Job Creation and Inclusive Growth in South Africa
February 28, 2025--A new World Bank report titled "Driving Inclusive Growth in South Africa: Quick Wins with Competitive Markets and Efficient Institutions" asserts that a robust economic recovery, shared across all sectors of society, can be achieved in the immediate future by implementing a series of policy actions in four priority areas: infrastructure services, greater private sector participation, creating cities as engines of growth, and efficient public spending.
